Bitcoin tumbles over exchange-closure fears

Bitcoin resumed its slide today, dipping below $14,000 as the cryptocurrency's dizzying drop from a record set 10 days ago intensified.

The latest blow to the world's biggest cryptocurrency came from South Korea, where the government said it was eyeing options for stamping out a frenzy of speculation, including a potential shutdown of at least some exchanges. ...

Bitcoin was trading at about a 30 percent premium over prevailing international rates today in Seoul, according to price data from local exchanges, a continuing sign of the country's obsession, and the difficulty in arbitraging between markets.

"Cryptocurrency speculation has been irrationally overheated in Korea," the government said in the statement, which comes little more than a week after the bankruptcy filing of one South Korean exchange. "The government can't leave the abnormal situation of speculation any longer." ...

We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth

With GoldCore you can own allocated -- and most importantly -- segregated coins and bars in Switzerland, Singapore, and Hong Kong.

Switzerland, Singapore, and Hong Kong remain extremely safe jurisdictions for storing bullion. Avoid exchange-traded funds and digital gold providers where you are a price taker. Ensure that you are outright legal owner of your bullion. If you do not own segregated bullion that you can visit, inspect, and take delivery of, you are exposed.

Crucial guides to storage in Singapore and Switzerland can be read here: